Oil prices settled lower on Friday, making their weekly finish flat to lower, as indications of strong Russian oil supply offset better-than-expected U.S. economic growth data, strong…
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Italian Prime Minister Giorgia Meloni visited Tripoli on Saturday to conclude an $8 billion gas deal aimed at boosting energy supplies to Europe despite the insecurity and…
The Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei visited an exhibition that showcased Iran’s industrial achievements on Saturday morning.
The exhibition was held…
The 13th Specialized Exhibition of Khuzestan Manufacturing Oil Industry Equipment is scheduled to be held in the southwestern city of Ahvaz (the capital city of Khuzestan) during…
The third train of the South Pars phase 14 refinery has gone operational, according to the operator of the phase 14 development project, Mohammad-Mehdi Tavasoli-Pour.
The CEO of Tabriz Petrochemical Company (TPC) emphasized the necessity of increasing cooperation in a meeting with Russian petrochemical industry executives.
According to TPC,…
An official with the Persian Gulf Petrochemical Industries Company (PGPIC) said Gachsaran Petrochemical Project was about to be launched in the near future.
According…
Oil prices rose for a second session on Friday, buoyed by better than expected U.S. economic growth, strong middle distillate refining margins and hopes of a rapid…
Right now, the price to fill up at the pump may not feel all that bad. With the average price of a gallon of gasoline around $3.30…
QatarEnergy will join TotalEnergies and Eni in exploring for oil and gas in Lebanon, the Lebanese energy ministry said on Thursday.
Lebanon signed an…
Oil prices rose 1% on Thursday on expectations that demand will strengthen as top oil importer China reopens its economy and on news U.S. crude inventories have…
Shell (SHEL.L) has launched a strategic review of its home energy retail businesses in Britain, the Netherlands and Germany in the wake of “tough market conditions”, it said on…
Oil steadied on Wednesday after a decline in the previous session, as a rise in U.S. crude inventories and global recession worries countered optimism for a demand…
CEO of the National Iranian Oil Company Mohsen Khojasteh Mehr said that measures are being taken to prevent the pressure drops in the South Pars gas field.
The United States Department of Energy has introduced the Islamic Republic of Iran as the world’s third-largest oil and second-largest natural gas reserves holder.
The financial director of Bou Alisina Petrochemical Plant, presenting the company’s performance report, announced new production, sales and profitability records in the 9 months of the current…
The CEO of the National Iranian Oil Company (NIOC) said plans are under way to bring Iran’s crude oil production capacity to 5.7 million barrels per day…
Tehran’s representative in the Iranian parliament underlined the need for youth participation in different parts of the country, emphasizing the need to link the oil industry with…
An OPEC+ panel is likely to endorse the producer group’s current oil output policy when it meets next week, five OPEC+ sources said on Tuesday, as hopes…
Crude oil prices were steady on Tuesday as concerns about a global economic slowdown and expected build in U.S. oil inventories were offset by hopes of a…